NOT LISTED FOR SALE

515 4th St Belton, MO 64012

Estimated Value: $237,000 - $356,000

4 Beds
2 Baths
-- Sq Ft
8,040 Sq Ft Lot

Last Sold May 13, 2020

Current estimated payment $1,611/month

55 Days on Market

Highlights

  • Board and Batten Siding
  • Forced Air Heating and Cooling System
  • 2 Car Garage

About This Home

As of May 2020

Cash flowing Duplex in original Belton. Built in 1997. One car garage, 3 bed/2 baths each side. 515 side has been updated extensively with SS appliances in kitchen and extra interior upgrades. The 517 side is vacant and needs rehab. Current rent is $750 on one side but that is below market with long term tenant who is on month to month lease. Tenants pay all utilities and lawn/snow. All utilities are separated, your only expense is insurance $1300/yr and taxes $1712/yr. Text or email listing agent for additional info on showing.

Last Agent to Sell the Property

Michelle Lutz

Lutz Sales + Investments License #SP00239672 Listed on: 02/10/2020

Last Buyer's Agent

Stephanie Singer

RE/MAX Elite, REALTORS License #2019031166

RE/MAX Elite, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,029

Year Built

  • Built in 1997

Lot Details

  • 8,040

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Board and Batten Siding

Additional Features

  • 2-Story Property
  • 8,040 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 1529401

Community Details

Overview

  • 2 Units
  • Orig Belton Subdivision

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,029

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Age Description: 21-30 Years
  • Legal Description: SW'LY 67' ORIG BELTON LOTS 20-24 BLK 61 TR B
  • Major Repair Costs: 25000.00
  • Major Repair Description: Full rehab needed
  • Package: No
  • Year Built: 1997
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Michelle Lutz
  • List Office Mls Id: PRKC
  • List Office Name: Platinum Realty LLC
  • List Office Phone: 888-220-0988
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 1712
  • Special Documents Required: No
  • Unit Type: 3 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board/Batten

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air Gas
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Ind Heat And Air
  • Cooling: Yes
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Schools

  • School District: Belton

Lot Info

  • In Floodplain: Unknown
  • Zoning: Res
  • Lot Size Area: 8040.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 8040.00
  • Parcel Number: 1529401
  • Subdivision Name: Orig Belton

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Income: 18000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Real Estate Tax

Tax Info

  • Tax Abatement: No

MLS Schools

  • School District: Belton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
May 13, 2020
Sold by
Chevalier Danny J
Bought by
Miller Lonnie
Seller's Agent
Michelle Lutz
Lutz Sales + Investments
Buyer's Agent
Stephanie Singer
RE/MAX Elite, REALTORS
List Price
$150,000
Current Estimated Value
$274,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$112,500
Outstanding Balance
$99,691
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$175,298
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Miller Lonnie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Lonnie $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2020 05/13/20 Sold -- -- --
04/05/2020 04/05/20 Pending -- -- --
03/24/2020 03/24/20 Price Changed $150,000 0.0% --
03/24/2020 03/24/20 For Sale $150,000 -14.3% --
02/18/2020 02/18/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $175,000 -- --
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,029 $24,610 $1,760 $22,850
2023 $2,024 $24,610 $1,760 $22,850
2022 $1,791 $21,580 $1,760 $19,820
2021 $1,791 $21,580 $1,760 $19,820
2020 $1,748 $20,940 $1,760 $19,180
2019 $1,712 $20,940 $1,760 $19,180
2018 $1,523 $18,790 $1,410 $17,380
2017 $2,131 $18,790 $1,410 $17,380
2016 $2,131 $26,140 $1,410 $24,730
2015 $2,130 $26,140 $1,410 $24,730
2014 $2,137 $26,140 $1,410 $24,730
2013 -- $26,140 $1,410 $24,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2207393

Heartland MLS

APN: 1529401